CENTURY ENKA Announces Quarterly Results (3QFY20); Net Profit Down 55.0%

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

CENTURY ENKA Announces Quarterly Results (3QFY20); Net Profit Down 55.0%
Thu, 6 Feb

CENTURY ENKA has announced its results for the quarter ended December 2019. Here is a detailed performance review of the same:

CENTURY ENKA Quarterly Financials

No. of Mths
Qtr. Ending
3
Dec-18*
3
Sep-19*
3
Dec-19*
QoQ ChangeYoY Change
Net SalesRs m4,7193,3443,69610.5%-21.7%
Other incomeRs m9214768-53.9%-26.0%
TurnoverRs m4,8103,4913,7647.8%-21.8%
ExpensesRs m4,3453,2183,5069.0%-19.3%
Gross profitRs m32812719050.1%-42.0%
DepreciationRs m114115113-1.7%-1.0%
InterestRs m876-8.8%-26.2%
Profit before taxRs m297153139-8.9%-53.2%
TaxRs m94-30847-49.5%
Profit after taxRs m20446092-80.1%-55.0%
Gross profit margin%6.93.85.1
Effective tax rate%31.5-201.634.0
Net profit margin%4.213.22.4
* Results Consolidated
Interim results exclude extraordinary / exceptional items
Source: Company Reports, Regulatory Filings, Equitymaster


Year-on-Year Performance:
  • The company's operating income during the quarter fell 21.7% on a year-on-year (YoY) basis. The expenses were down by 19.3% YoY during the same period.
  • The company's operating profit declined by 42.0% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 5.1% in 3QFY20 as against 6.9% in 3QFY19.
  • Depreciation charges declined by 1.0% and finance costs declined by 26.2% YoY, respectively.
  • Other income declined by 26.0% YoY during the quarter.
  • Net profit for the quarter declined by 55.0% YoY. Net profit margins during the quarter declined from 4.2% in 3QFY19 to 2.4% in 3QFY20.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 10.5% on a quarter-on-quarter (QoQ) basis. The expenses were up by 9.0% QoQ during the same period.
  • The company's operating profit increased by 50.1% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 5.1% in 3QFY20 as against 3.8% in 2QFY19.
  • Net profit for the quarter declined by 80.1% QoQ, while net profit margins declined from 13.2% in 2QFY19 to 2.4% in 3QFY20.

To see how CENTURY ENKA has performed over the last eight quarters,please visit here.

Get Details: We are Bullish on These 3 Little-known Stocks

CENTURY ENKA Share Price Performance

Over the last one year,CENTURY ENKA share price has moved down from Rs 237.2 to Rs 183.1, registering a Loss of Rs 54.1 or around 22.8%.

Overall, the S&P BSE SENSEX is up 12.9% over the year.

Current Valuations

At the current price of Rs 183.1, the price to earnings (P/E) ratio of CENTURY ENKA stands at 4.8 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 0.4 times.

Equitymaster requests your view! Post a comment on "CENTURY ENKA Announces Quarterly Results (3QFY20); Net Profit Down 55.0%". Click here!

  

Related Views on News

CENTURY ENKA Announces Quarterly Results (1QFY20); Net Profit Down 17.7% (Quarterly Result Update)

Jul 31, 2019 | Updated on Jul 31, 2019

For the quarter ended June 2019, CENTURY ENKA has posted a net profit of Rs 185 m (down 17.7% YoY). Sales on the other hand came in at Rs 4 bn (down 7.5% YoY). Read on for a complete analysis of CENTURY ENKA's quarterly results.

CENTURY ENKA 2018-19 Annual Report Analysis (Annual Result Update)

Jun 20, 2019 | Updated on Jun 20, 2019

Here's an analysis of the annual report of CENTURY ENKA for 2018-19. It includes a full income statement, balance sheet and cash flow analysis of CENTURY ENKA. Also includes updates on the valuation of CENTURY ENKA.

More Views on News

Most Popular

Hotel Stocks Will Reward Investors(Fast Profits Daily)

Jun 8, 2021

This is why I'm bullish on the hotel and hospitality sector.

My 'Unlock' Investments(Fast Profits Daily)

Jun 11, 2021

The best unlock investments you can make in the market.

The Most Visible Sign of India's Revival is on Two Wheels(Profit Hunter)

Jun 9, 2021

Investing in the best stocks could result in wealth compounding on a massive scale.

How I Discovered a 400-Year-Old Open Secret to Extreme Wealth(Profit Hunter)

Jun 11, 2021

Charlie Munger's open secret about investing success.

More

India's #1 Trader
Reveals His Secrets

Secret To Increasing Your Trading Profits Today
Get this Special Report,
The Secret to Increasing Your Trading Profits Today, Now!
We will never sell or rent your email id.
Please read our Terms

CENTURY ENKA SHARE PRICE


Jun 16, 2021 (Close)

TRACK CENTURY ENKA

  • Track your investment in CENTURY ENKA with Equitymaster's Portfolio Tracker. Set live price alerts, get research alerts and more. Get access now...
  • Add To MyStocks

CENTURY ENKA 5-YR ANALYSIS

COMPARE CENTURY ENKA WITH

MARKET STATS